Vaughn manufacturing purchased equipment for $12240 on january 1, 2017. the company expects to use the equipment for 5 years. it has no salvage value. what balance would be reported on the december 31, 2017 balance sheet for accumulated depreciation?

Accumulated Depreciation as on  31st December 2017 is 2448

Explanation:

Depreciation using straightline method=Cost of equipment-salvagevalue

                                                                           useful life of the asset

Depreciation = 12,240-0

                            5years

Depreciation on 31st December 2017 = $2448

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.